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Mademuasel [1]
3 years ago
8

Based on the text, what statement is correct

History
1 answer:
Elena L [17]3 years ago
6 0

Answer:

D

Explanation:

Population density increased as newcomers settled in urban areas.

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<h3>What is a price ceiling?</h3>

Price ceiling is when the government determines the maximum price a good or service should be sold for. It is binding when it is set below equilibrium price.

In order to determine the quantity demanded at the price of $5.50, trace $5.50 to a point on the demand curve(the downward sloping curve). In order to determine the quantity supplied at the price of $5.50, trace $5.50 to a point on the supply curve(the upward sloping curve).

Please check the attached image for the required diagram. To learn more about a price ceiling, please check: brainly.com/question/26521358

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2 years ago
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